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  • LONDON, Dec 19- European stocks held steady on Friday, pegged back by Swiss drugmaker Roche after it saw two major drugs fail tests and with Italian banks under pressure from a downgrade by S&P. "The upcoming drug pipeline was priced into the stock, but it looks unlikely these revenues will materialise," Jasper Lawler, market analyst at CMC Markets, said.

  • Early Glance: Banks companies Friday, 19 Dec 2014 | 10:20 AM ET

    Bank of America Corp. rose$. 11 or. 6 percent, to $17.64. Citigroup Inc. fell$. 09 or. 2 percent, to $54.01. Goldman Sachs rose $1.87 or 1.0 percent, to $193.48.

  • LONDON, Dec 19- The euro fell towards recent 28- month lows against the dollar on Friday, as the European Central Bank moved towards a fully-fledged government buying programme to kickstart the economy. The euro fell to $1.2253, close to 28- month lows of $1.2247 struck on Dec. 8. "The current measures from the ECB, like the targeted long term refinance operations, are...

  • LONDON, Dec 19- European stocks edged lower on Friday, reversing an early rise, as Italian banks came under pressure from a downgrade by S&P and Swiss drugmaker Roche saw two major drugs fail tests. The FTSEurofirst 300 index of top European shares was down 0.1 percent tot 1,355.47 points at 1113 GMT, retreating after a 3 percent advance on Thursday.

  • Expectations of more Japan stimulus weighs on yen. LONDON, Dec 19- The yen fell on Friday amid expectations of further stimulus next year to bolster Japanese inflation and also on a revival of global risk sentiment after battered oil prices and Russia's rouble stabilised. BoJ chief Haruhiko Kuroda said Japan was still halfway towards meeting an inflation goal...

  • *Third acquisition for Thai Union so far this year. Thai Union, which makes "Chicken of the Sea" brand tuna and counts Wal-Mart Stores Inc and Costco Wholesale Corp among its clients, said on Friday its biggest-ever purchase will give it North America's largest seafood brands like Bumble Bee, Brunswick and Sweet Sue. Bumble Bee is the third acquisition deal this...

  • Final Glance: Banks companies Thursday, 18 Dec 2014 | 8:08 PM ET

    Bank of America Corp. rose$. 27 or 1.6 percent, to $17.53. Citigroup Inc. rose $1.65 or 3.1 percent, to $54.10. US Bank rose $1.42 or 3.2 percent, to $45.34.

  • Midday Glance: Banks companies Thursday, 18 Dec 2014 | 1:48 PM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.18 or 2.2 percent, to $53.63. Goldman Sachs rose $5.02 or 2.7 percent, to $190.05.

  • Early Glance: Banks companies Thursday, 18 Dec 2014 | 11:11 AM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.15 or 2.2 percent, to $53.60. Goldman Sachs rose $5.46 or 3.0 percent, to $190.49.

  • Final Glance: Banks companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    Bank of America Corp. rose$. 54 or 3.2 percent, to $17.26. Citigroup Inc. rose $1.28 or 2.5 percent, to $52.45. Goldman Sachs rose $1.72 or. 9 percent, to $185.03.

  • Midday Glance: Banks companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    Bank of America Corp. rose$. 36 or 2.2 percent, to $17.08. Citigroup Inc. rose$. 67 or 1.3 percent, to $51.84. Goldman Sachs rose $2.66 or 1.5 percent, to $185.97.

  • WASHINGTON, Dec 17- The U.S. credit union regulator said on Wednesday it filed a lawsuit against U.S. Bank and Bank of America over mortgage securities sold in the years leading up to the financial crisis. The regulator accused U.S. Bank and Bank of America of knowing about defects in the mortgage loans but not providing required notices to the investors.

  • UK government to sell more shares in Lloyds bank Wednesday, 17 Dec 2014 | 12:13 PM ET

    LONDON— The British government plans to sell a 3 billion pound chunk of its stake in part-nationalized Lloyds Banking Group, which was bailed out by taxpayers during the 2008 financial crisis. It says sales could begin within days and the plan, overseen by Morgan Stanley, will continue for about six months. Lloyds shares closed 1.5 percent lower at 75.35 pence...

  • The company's successful debut follows that of online loan marketplace LendingClub Corp, whose shares rose as much 67 percent in their debut last week. Companies such as OnDeck Capital and LendingClub are cashing in on the demand created by the reluctance of cash-strapped traditional banks to lend to small businesses. Jay Ritter, an IPO expert at the...

  • Online lender OnDeck Capital's shares soar in debut Wednesday, 17 Dec 2014 | 10:16 AM ET

    The company raised $200 million after its initial public offering was priced at $20 per share, well above the expected range of $16- $18. OnDeck Capital's shares opened at $26.50 on the New York Stock Exchange and touched a high of $27.33. Morgan Stanley, Merrill Lynch, Pierce, Fenner& Smith, JP Morgan Securities and Deutsche Bank Securities are among underwriters...

  • Early Glance: Banks companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    Bank of America Corp. rose$. 20 or 1.2 percent, to $16.92. Citigroup Inc. rose$. 43 or. 8 percent, to $51.60. Goldman Sachs rose $2.47 or 1.3 percent, to $185.78.

  • *FTSE could be subdued in run-up to May general election. *Any ECB QE programme should give FTSE a lift. LONDON, Dec 17- Britain's FTSE 100 equity index will reach a record high by the end of 2015, but uncertainty over the outcome of May's national election will curb gains early next year, a Reuters poll forecast.

  • Dec 16- When the almost 11,000 financial advisers in Wells Fargo& Co's branch brokerage system get their 2015 compensation plan on Wednesday they may grimace at one change that could hit their pay, or cost their customers a little more. Morgan Stanley, the largest U.S. brokerage firm with more than 16,000 advisers, for example, does not credit brokers for purchases...

  • Dec 16- On Deck Capital Inc, an online small-business lender, said its initial public offering was priced at $20 per share, above the expected range of $16- $18. The New York- based company, which offers loans of up to $250,000, counts First Round Capital, Google Ventures, Institutional Venture Partners, Tiger Global Private Investment Partner and SAP Ventures among...

  • Dec 16- When the almost 11,000 financial advisers in Wells Fargo& Co's branch brokerage system get their 2015 compensation plan on Wednesday they may grimace at one change that could hit their pay, or cost their customers a little more. Morgan Stanley, the largest U.S. brokerage firm with more than 16,000 advisers, for example, does not credit brokers for purchases...